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What suppliers can do mid-contract to future-proof their negotiations

Strategic Account Management Association

By Jeff Cochran, Partner, Shapiro Negotiations Institute. At Shapiro Negotiations Institute, we coach the principle that the best negotiation occurs when you have leverage. This article discusses what you, as a supplier, can do mid-contract to make your upcoming negotiations more successful. Things are going great.

Suppliers 759
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Back to the Future: F2F selling is returning, but virtual selling is here to stay

Strategic Account Management Association

COVID-19 has accelerated a trend already underway toward increased virtual interactions between customers and their suppliers. The ability to uncover customer needs, develop solutions, communicate value propositions and negotiate effectively doesn’t vanish just because a salesperson can’t meet her customer face to face.

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The 9 Sales Negotiation Skills Your Reps Need Now

Brooks Group

Sales negotiation can be a source of dread for many sales professionals. With the right sales negotiation strategy & sales negotiation skills training, even this part of the sales process can remain warm and result in a mutually beneficial outcome for all parties. How does that translate to your business?

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7 Reasons Why Clients Ghost You (and What to Do About It)

Account Manager Tips

Usually our clients are more important to us than we are to them Especially if you're not a major supplier. Rebalance your communication expectations to align with your value as a supplier. You may need to approach your communication from a different angle. The more you know. It's OK for things to go well.

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10 New Capture Strategy Tips to Keep Clients & Avoid Competitive Bids

Account Manager Tips

Capture Strategy Tips A capture strategy identifies how to position organizations as the supplier of choice and convince clients to renew without considering alternatives. Improve communication. Suppliers submit proposals to provide them. Be a preferred or exclusive supplier. Don't get too comfortable. You get the idea.

Suppliers 246
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The Benefits of a Collaborative Culture

Peter Simoons

In addition, as the silos don’t collaborate and communicate internally, there may be circumstances when their people meet each other at the external company’s location. The culture will be open, transparent and communicative with a focus on helping each other succeed.

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Help! How Do I Tell Clients About a Price Increase?

Account Manager Tips

Define the context, your communication strategy, negotiation tactics and contingency plans in the event of an escalation. Will you negotiate? The let your client know a formal communication will follow and to reach out with questions. or make some phone calls to alternative suppliers. Will you negotiate?